Tag Archive: PENALTY

Penalty u/s 271AAB(1A) when not imposed-series

December 23, 2025

Question: Whether penalty u/s 270A can be saved for deduction claimed as business deductible expenditure for payment of Cess on income tax and surcharge in any previous year?

Question: Whether penalty u/s 270A can be saved for deduction claimed as business deductible expenditure for payment of Cess on income tax and surcharge in any previous year? Key words: Penalty u/s 270A, 270A, Penalty, penalty u/s 270A can be saved,…
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155 155(18), 270A, 40

September 30, 2022

Question: Consequences of Penalty-Concealment-Non-striking off of the irrelevant part while issuing notice u/s 271(1)(c). ITAT – Delhi in the case of Malook Nagar, New Delhi vs Acit Central Circle-15, New Delhi on 13 May, 2022

Question: Consequences of Penalty-Concealment-Non-striking off of the irrelevant part while issuing notice u/s 271(1)(c). ITAT – Delhi in the case of Malook Nagar, New Delhi vs Acit Central Circle-15, New Delhi on 13 May, 2022 Answer: The order is…
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271(1)(c), AY 2008-09, AY 2009-10, AY 2010-11, AY 2011-12, Cases Income tax, Decisions, Delhi, Delhi Tribunal, In Favour of Assessee, Income Tax

Question : Is Penalty under Section 271E is permissible in the absence of regular assessment framed against the assessee by the Revenue? ITAT – Ahmedabad in the case of Vijayaben G Zalavadia, … vs The Jt. Cit, Gandhinagar on 11 May, 2022. Answer: Penalty Quashed.

Question : Is Penalty under Section 271E is permissible in the absence of regular assessment framed against the assessee by the Revenue? ITAT – Ahmedabad in the case of Vijayaben G Zalavadia, … vs The Jt. Cit, Gandhinagar on 11 May, 2022….
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271E, Ahmedabad Tribunal, AY 2010-11, AY 2011-12, AY 2012-13, AY 2013-14, AY 2014-15, AY 2015-16, AY 2016-17, In Favour of Assessee

Whether Penalty u/s 272a(2)(e) imposed is justified for Late / Non-filing of ITR when the Assessee was under the bona fide belief that ITR was not required to file since its incomes is exempt under s. 10(23C)(iiiab)? ITAT Jaipur passed the order on this issue on 24 May, 2021. For full order kindly click the link to get full order.

Whether Penalty u/s 272a(2)(e) imposed is justified for Late / Non-filing of ITR when the Assessee was under the bona fide belief that ITR was not required to file since its incomes is exempt under s. 10(23C)(iiiab)? ITAT Jaipur passed the order…
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10(23C)(iiiab), 11, 12, 139(4A), 272A(2)(e0, 273B, In Favour of Assessee, Jaipur Tribunal

January 18, 2022

ITAT DELHI held on Mar 19, 2020 that the notice issued by the AO would be bad in law if it did not specify which limb of Section 271(1)(c) the penalty proceedings had been initiated under i.e. whether for concealment of particulars of income or for furnishing of inaccurate particulars of income. M/S GIRI BUILDWELL PVT LTD. vs. ITO

ITAT DELHI held on Mar 19, 2020 that the notice issued by the AO would be bad in law if it did not specify which limb of Section 271(1)(c) the penalty proceedings had been initiated under i.e. whether for concealment…
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271(1)(c), 271(1)(c), AY 2009-10, Delhi, Delhi Tribunal, In Favour of Assessee, ITAT, Penalty, penalty 271(1)(c), penalty proceeding/s 271(1)(c) pending

जिस का टर्नओवर 50 करोड़ से ज्यादा है उन्हें डिजिटल पेमेंट सिस्टम इंस्टॉल करना पड़ेगा तथा वह सिस्टम चालू हो जाए इसकी व्यवस्था करनी पड़ेगी अगर 31 जनवरी 2020 तक यह व्यवस्था नहीं होती है तो धारा 271DB प्रोविजन के आधार पर ₹5000 रोज की पेनल्टी लगाई जा सकती है

जिस का टर्नओवर 50 करोड़ से ज्यादा है उन्हें डिजिटल पेमेंट सिस्टम इंस्टॉल करना पड़ेगा तथा वह सिस्टम चालू हो जाए इसकी व्यवस्था करनी पड़ेगी अगर 31 जनवरी 2020 तक यह व्यवस्था नहीं होती है तो धारा 271DB प्रोविजन के…
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January 29, 2020